Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$214,756$214,756$304,200
Remaining term (yrs)23.523.530.0
Secondary amount$0$89,444$0
Funding fee$1,074$1,074$0
Note rate3.650%3.650%7.400%
Blended rate3.650%5.223%7.640%
1st payment$1,130.32$1,130.32$2,106.22
2nd payment$0.00$670.83$0.00
Taxes / mo$192.08$192.08$192.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.84
HOA / mo$365.00$365.00$365.00
Total monthly$1,837.40$2,508.23$2,874.14
Cash to close$123,244$33,800$33,800